The US economy is showing recovery at a steady pace backed by consumer spending, business investments and improving job market, however rising prices and uncertainties still lingers. The GDP grew at a significant improved rate in the second quarter compared to the first quarter of 2024.
Given the backdrop, investors could consider fundamentally solid dividend ETFs SPDR S&P Dividend ETF (SDY), Vanguard High Dividend Yield Index Fund ETF Shares (VYM), and Schwab U.S. Dividend Equity ETF (SCHD) for investing for diversified income.
